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About Allspring Managed Account CoreBuilder Shares - Series SP (APSPX)

Under normal circumstances, the manager invests at least 80% of the fund’s net assets in debt securities; up to 60% of the fund’s total assets in debt securities of foreign issuers, including emerging markets issuers, which may be denominated in any currency; and up to 60% of the fund’s total assets in below investment-grade debt securities.